In a few of your videos you suggest buying a property within a Self Directed IRA.
What is your interpretation of the UBTI - Unrelated Business Taxable Income for real estate investments within a self directed Roth IRA.
I invested in a few real estate syndications where the advisor raises money, creates an LLC, obtains financing and acquires a multi family property where investors are a percentage member of the LLC.
On the K1 is shows UBTI. My question is, are investments like this, subject to the UBTI if the investment is within a self directed IRA. I am obtaining conflicting answers. My current CPA originally said it is not subject to UBTI and has not been requiring the k-1s when filing my tax returns. I am concerned the CPA is incorrect as someone else has indicated to me that it is subject to UBTI.
Can you clarify?